This article from MAHB is written in the wake of the US President Trump’s decision to withdraw from the Paris Climate Accord. Here is a fragment:
Last year China added 23 GW of the total of 55 GW of windpower installed worldwide. [xi] Its target is for 26% of its national energy needs to come from the wind by 2030. At the same time, it has cancelled more than 100 coal-fired power plants that were planned or under construction, and announced plans to close over 1000 coal mines.
By such measures China has claimed leadership in the tussle for a share of what the New York Times estimates will be a $6 trillion global market for clean technologies by 2030.[xii]
With the Trump Administration’s decision to abdicate its climate responsibilities, China has scented a once-in-a-generation opportunity to assert world policy leadership also, as National Geographic recently noted. [xiii] “The Paris Agreement is a hard-won achievement,” President Xi Jinping told the World Economic Forum in Davos, Switzerland, in January. “All signatories should stick to it instead of walking away from it, as this is a responsibility we must assume for future generations.” Following Trump’s exit notice, China has reaffirmed its intention of being a committed climate actor and its willingness to forge agreements with individual U.S. states.[xiv]